Are there options for balance transfer with American Express credit cards?

Yes, American Express Australia offers balance transfer options for certain credit cards. A balance transfer allows cardholders to transfer outstanding debt from other credit cards or loans to their American Express credit card, typically at a lower interest rate for an introductory period. This can help individuals manage and reduce their overall interest payments. It is important to note that the terms and conditions associated with balance transfers can vary by card type, including the duration of the promotional period and the applicable interest rates after the promotional rate expires. Certain fees may also apply during the process. For the most accurate and current information regarding available balance transfer options and the specific details relating to each credit card product, it is advisable to review the American Express Australia website or examine the terms provided with the card application.